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Committee hears long budget briefing: audit corrections, HB 96 compliance, ARPA/CDBG options and five pending labor contracts
Summary
Finance staff briefed the committee on audit‑era corrections, an 'upside down' waste collection fund, HB 96 cybersecurity expectations, pending labor contracts and restricted ARPA/CDBG uses; members asked staff for clearer actuals and scheduled a dedicated special meeting on the 2026 budget.
City finance staff presented an extended briefing on Nov. 5 covering outstanding audit entries, revenue and expenditure timing issues and the 2026 budgeting process.
Miss Stevens Knott, presenting monthly finance reports, said the city received county funds for the second half of the year, but that some 2024 expenses were posted in 2025, creating accounting anomalies (including a waste collection fund described as "upside down") that require auditor guidance and…
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